Makawao Maui - 6 month residential market update October 2017

Makawao Maui - 6 month residential market update October 2017 

What's been selling in Makawao, in the upcountry region of Maui?  This report highlights sales activity from the past 6 months.  In our MLS system, Makawao includes the village of Haliimaile, and the Olinda area above town.  First I'll give the general statistics, then I'll narrow it down to just the homes in Makawao town. 

Sold in greater Makawao in past 6 months:

• 27 closed sales priced from $365,000 to $5,700,000
• average sale price was $829,204 and median sale price was $620,000
• highest price was for a 70 acre estate with a beautiful custom house and barn
• lowest price was for a little old 1927 home in Haliimaile
• Days on Market ranged from 32 to 427, with average of 101 and median days of 69
• 1 was bank owned and sold for $446,514 - a 3BD/2BA home built in 1988
• 3 were CPR properties priced between $375,000 and $569,500

Historic Makawao town, Maui Hawaii

Sold in Makawao town itself in past 6 months:

• 20 closings priced from $375,000 to $760,000
• average sale price and median sale price were about $568,000
• highest price was for a house and cottage on a 1/2 acre lot in Maui Uplands
• lowest price was for 1BD/1BA tiny home in a CPR with 3 other small houses
• DOM ranged from 32 to 427, with average of 94 and median days of 66

Pukalani Maui 6 month residential sales update for the same period is here.

What's for sale now in greater Makawao:

• 30 listings priced from $400,000 to $12,800,000 with a median price of $735,500
• DOM ranges from 5 days to almost 2 years (pending short sale)
• a couple of these have over 35 acres of land and are the 2 highest priced
• 2 estates in Maunaolu Plantation starting at $1,395,000
• 2 CPR homes in Ponoi Palms starting at $449,000
• 3 bank owned listings, 3 short sales which are pending
• 16 are Active and 14 are Pending sale
• Search Maui MLS for Makawao homes for sale here

This chart shows the sales activity by month going back 3 years.  It should be up to date and interactive!  Let me know if you have any questions about the statistics.

Thanks for reading my Maui blog...

Buying or selling real estate on Maui?  That's what I do.  Let me help YOU.

Georgie Hunter R(S) e-Pro, Hawai'i Life Real Estate Brokers
127 Hana Hwy. #G, Paia HI 96779
E-mail or call/text: 808 283-0635

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